WAKE - Wake Forest Bancshares, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD

Wake Forest Bancshares, Inc.

302 Brooks Street
Wake Forest, NC 27587
United States
919-556-5146
http://www.wakeforestfederal.com

SectorFinancial Services
IndustryBanks—Regional
Full Time Employees9

Key Executives

NameTitlePayExercisedYear Born
Ms. Renee H. ShawPres, CEO & Director150.53kN/A1961
Mr. Carter S. HarrellSr. VP, Chief Lending Officer, Sec. & Treasurer99.69kN/A1983
Millie W. HaleVP & ControllerN/AN/AN/A
Ms. Wanda R. KeithCompliance Officer & Internal AuditorN/AN/AN/A
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Wake Forest Bancshares, Inc. operates as the holding company for Wake Forest Federal Savings & Loan Association that provides various banking products and services. It offers now checking accounts, money market accounts, passbook savings accounts, IRAs, and certificates of deposit. The company's loan portfolio includes fixed mortgage loans, balloon mortgages, home equity loans, construction loans, commercial real estate mortgages, and commercial lines of credit, as well as loans secured by residential investment properties and land, and deposit loans. Wake Forest Bancshares, Inc. also provides Internet banking, night deposit, and ATM services. The company was founded in 1922 and is based in Wake Forest, North Carolina. Wake Forest Bancshares, Inc. is a subsidiary of Wake Forest Bancorp, M.H.C.

Corporate Governance

Wake Forest Bancshares, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.